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>>FEEC<< upward trend into CC is starting get in before its to late
IPRU still a stellar bottom play, FEEC CC approaching and PPS up 15% in two trading days
***FEEC** PPS rising after NEWS of conference call on September 11th...could be update on buyout talks!!!
I agree this as more than likely a P & D, but pretty much every penny stock is, that is the game down here. What I'm trying to say is you usually see a 20%-50%retracement on runs of of less than 75%-100%. For this to run up 475% and only retrace 20% is good. It, IMO, shows that there is still buying strength/interest and support at these levels and could go up tomorrow. Also out of the 210 million traded today I would say 85%-90% was above .0025 so not everyone will sell below that and should push the PPS up. But for all we know tomorrow it could tank 50%, that's the roller coaster we ride on in sub-penny land.
After that big of a run, 20% retracement is actually really good. Every run I have seen eventually retraces at some point, can't just keep going up forever...be nice if they did though.
SFOR
SFOR is on the main page, looks to be an informative site.
IPRU sweet bottom play
IPRU huge bottom play
SFOR crazy volume the past 2 days, only 25% retracement today after a 475% gain yesterday. Looks like great accumulation to me
XNRG, IPRU, SFOR could be some good money to be made
SFOR over 500000000 volume in 2 days and after a 475% run only retraced 25%. Strong support in the high teens, this is set to run again
IPRU could make a lot of $$$$ with a little volume, PPS .0004
SFOR secures patent, potential for huge litigation, some are already in the works. One against a Microsoft Subsidiary!!
SFOR is the next big play!!!
SFOR is running better than MINE
FEEC, buyout talk could be coming to fruition
Far East Energy Announces CEO Update Conference Call
HOUSTON, Aug. 23, 2013, 2013 (Canada NewsWire via COMTEX) -- Far East Energy Corporation (OTCBB:FEEC) today announced that it will host a conference call to update shareholders and other interested parties on Wednesday, September 11, 2013 at 9:00 a.m. Central Time - 10:00 a.m. Eastern Time. Michael R. McElwrath, Chief Executive Officer and President, will discuss the 2013 drilling and operations program and other matters. Jennifer Whitley, CFO, and Huw Williams, Director of Asian Investor Relations, will also be available for comments and questions.
FEEC up 11% on increased volume after announcement of CEO Update Conference Call, potential for news on buy out talks CEO mentioned in June!!!
FEEC Based in Houston, Texas, with offices in Beijing, and Taiyuan City, China, Far East Energy Corporation is focused on coalbed methane exploration and development in China. FEEC Announced CEO update conference call on September 11th 2013.
Huge News mentioning CERP 23AUG2013:
http://www.cnbc.com/id/100983819
Techno:
Received your PM, I only have a free account so I will have to repsond on your board. I am game, just send me the details in a PM. I also followed you and your board, could be the start of something here!
FEEC could update shareholders on buyout talks during the CC on September 11th!!!
FEEC- CC could have updates on buy out talks mentioned by CEO in June!!!
FEEC volume jumps 4x on news of conference call to update shareholders on 2013 drilling and operations plan...seems some are jumping in before the price jumps!
FEEC news is coming in form of Conference Call Scheduled for September 11th
Old post w/ link dug up by 12yearplan good read:
In a seminar from June 2012, the global demand for "bioplastics in packaging" was the topic, and the linked (below) slideshow detail some of the government mandates that are taking place around the world, and slide 12 lists the leading companies: Cerplast was one of 11 co.'s listed, along with BASF, DOW, Natureworks and others.
http://www.slideshare.net/khalilroya/roya-khalil-biopolymers-in-packaging-2012
>>>FEEC<<< China increasing gas prices
July 11th Press Release:
The National Development and Reform Commission ("NDRC"), China's top policy-making body, has announced that, effective July 10, 2013, city gate gas prices will increase by an average of 15% across the country. These increases will be borne by the industrial and other sectors and will flow to upstream producers such as Far East, with analysts projecting that this will translate into an increase of approximately 25% at the wellhead.
Importantly, the NDRC is introducing a two-tier pricing structure that will base new, incremental, gas supply on the pricing formula that has already been tested in provinces such as Guangdong. The formula links domestic China gas prices to LPG and fuel oil prices, which has resulted in gas prices of approximately $14/Mscf in the provinces where the formula is in operation.
Commenting, CEO Mike McElwrath said, "Far East is currently receiving $6.50/Mscf for gas sales, from our Shouyang Block for the first 10.6 MMscf produced (inclusive of subsidies). We expect volumes going forward to be sold at increasingly higher prices as the new pricing formula takes effect."
These reforms apply to city gate pricing, but analysis in the market indicate that the 15% increase in city gate prices should equate to a near 25% increase in well-head prices. This should provide a clear incentive for increased exploration and production of China's domestic gas resources, as opposed to the more expensive options of importing LNG and/or piping gas into China.
McElwrath continued, "The changes to China's gas price policy underline the determination by the country's leadership that gas play a major role in the country's energy mix moving forward. Higher gas prices are needed to stimulate more domestic production and compensate for high LNG import prices and the move to link gas prices to oil based fuels recognizes that gas is a clean alternative to LPG and fuel oil."
Note that CBM prices are not regulated by the NDRC and are subject to independent negotiation between producers and buyers. However, recent history has shown that CBM price levels reflect national trends and management expects that future gas sales contracts would be made at prices above current realizations.
***FEEC*** Far East Energy is progressing though a robust drilling and development program for the 2013 work year and as of July 31, 2013, a total of 53 wells have been spudded since January 1. As of July 31, 2013, 26 wells have been fraced (23 wells in the 1H Pilot Area and 3 appraisal wells) and 7 wells are waiting to be fraced. In addition, 4 wells are in the early stages of the dewatering process, are pumping and producing water from the #15 coal seam. Additional groups of wells are in the process of having surface facilities installed to commence pumping operations. After reaching a peak of 31 drilling rigs in late June, 25 rigs remain in the field focused on the drilling of additional production wells.
FEEC Start your DD before its too late
FEEC to Provide Drilling and Operations Updates September 11th 2013
FEEC Big Updates coming, Press release of Friday sets September 11th 2013 as the day the company gives Updates of their 2013 drilling and operations
Ironridge DD link involving CERP:
http://www.ironridgeglobal.com/wp-content/themes/twentyten/downloads/Interview-ManagingDirectorIronridgeGlobal.pdf
Valid points I will give you that. As far as a buy now, and I don't mean necessarily today but in this current trend I would say it is a buy. There is money to be made here in the short term and then when the future is "more stable" there is money to be made long term IMO. I personally sell a portion of my position on the runs, secure some gains and work towards acquiring my initial investment back and buy back in when I think it has bottomed. Investing is a big game where either you win money or lose no matter how good or bad a company is, so part of my stragety is get to "break even" and ride the free shares out make or break...I do this with all of my positions. But CERP is one I feel will make me a decent Gain in the future. I do believe we could go a little lower, but sub pennies I dont see. My basis is that the last time it went sub pennies was in January since then revenues have greatly increased. Also I dont believe Ironridge will just suddenly dilute shares. They purchased what $5 million in debt from CERP for X amount of shares probably at X amount par value. Now why would Ironridge do this...to make money why else, so why would they dilute at these levels. To me it financially makes no sense. I just started my DD into Ironridge but they seem to be legitmate ( but trust me its about making money so I am not that naive) here is a link, http://www.ironridgeglobal.com/wp-content/themes/twentyten/downloads/Interview-ManagingDirectorIronridgeGlobal.pdf overall decent article but pages 2 & 3 talks about CERP and how it was an "alternative investment firm" which would be Magna Group, LLC and Hanover Holdings I, LLC, not IronRidge.
360 that is awesome!! I am from MN too, West of the cities about 30 miles. Keep me in the loop about what your council member says in return. If this spreads to my neck of the woods I will surely do the same. Good lookin out.
FEEC volume up 4x the 10 day average, closed up 11%. Looks like the News of the UPDATE Conference Call might be a good one. Investors moving in now to secure there positions.
Without actually looking indepth, I would say CURRENTLY none of them. Not sure what relevance your posed question has to do with my post. I never gave a time frame of when I thought they would try and relist on the big board, all I stated is that they did trade on NASDAQ and want to get back there. That last part is my opinion but a solid one I feel. If I were a CEO and used to trade on a higher board then I would take it as a sense of pride to work my way back there. Thank you for your reply.
Time to give RITE and FEEC a look
FEEC starting to move with News of an Update Conference Call set for early September!!
FEEC 100000 on the bid 5000 on the ask. Getting ready for a breakout
FEEC .135x100000 .14x5000 Volume just spiked in the last hour
FEEC making an afternoon run and moving easy!!